the rennie advance - May 2020

April home sales and listings declined in Greater Vancouver as social distancing policies muted what would have otherwise been an active spring marketplace. Median prices sagged slightly as buying activity was concentrated on more moderately-priced homes.    

The latest rennie advance provides a summary of sales, listings, and pricing trends in the Greater Vancouver board area, compiled and released by our rennie intelligence team ahead of the Real Estate Board of Greater Vancouver Stats. 

Our rennie intelligence team comprises our in-house demographer, senior economist, and market analysts. Together, they empower individuals, organizations, and institutions with data-driven market insight and analysis. Experts in urban land economics, community planning, shifting demographics, and real estate trends, their strategic research supports a comprehensive advisory service offering and forms the basis of frequent reports and public presentations. Their thoughtful and objective approach truly embodies the core values of rennie. 

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Receive insights, analysis, and perspective from our rennie intelligence team on the Lower Mainland’s real estate market.
intelligence

Swelling supply and declining demand have conspired to create more moderate conditions in the housing market of the Vancouver Region—so much so, in fact, that for the first time in two years the detached home segment shifted into balanced territory.The rennie review is a monthly publication, which …

Allison Lafrenier
RENNIE ADVISOR
intelligence

The rennie review is produced each month by rennie intelligence, which includes the latest real estate data for Vancouver Region's housing market.Balance amidst Vancouver’s housing gymnastics.Over the past 24 months, Vancouver’s housing market has—along with many others nationally—been marked by ne…

Allison Lafrenier
RENNIE ADVISOR
intelligence

After years of neglect, Metro Vancouver’s purpose-built rental market is finally being tended to through the addition of thousands of new homes. Across Canada, purpose-built rental markets have been the recipients of inadequate attention—at least insofar as new supply is concerned. Here in Metro Va…

Allison Lafrenier
RENNIE ADVISOR